On Wall St., the managers of huge money manager BlackRock Inc. (NYSE: BLK) are often considered the smartest guys in the room. Their ability to successfully manage high returns are legendary. That…
Douglas A. McIntyre The three major U.S. stock indexes opened lower this morning as banks and bond markets were closed in the U.S. The World Bank cut its forecast for Chinese economic growth in 2012…
The big banks are going to be rather important to watch this earnings season for the third quarter of 2012 as shares have risen handily from their lows. While banks almost never…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Monday. Today’s calls are light perhaps due to the Columbus Day holiday. Alcatel-Lucent…
Banks are back in favor. The most recently announced round of quantitative easing via mortgage-backed securities purchases from the Federal Reserve follows a ratings action earlier this year in which Moody’s downgraded 15…
The three major US stock indexes opened modestly lower this morning as there was little news out of Europe and Asian markets closed mixed. Traders were waiting to hear more from Fed…
The three major US stock indexes opened higher this morning in advance of Fed Chairman Ben Bernanke’s semi-annual report to Congress and following some data on inflation (more coverage here), industrial production,…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. Anthera Pharmaceuticals (NASDAQ: ANTH) Cut to Sell at Citigroup. Bed Bath & Beyond…
Moody’s recent downgrade of 15 of the world’s largest banks, along with JP Morgan Chase & Co.’s (NYSE: JPM) multibillion trading loss, make it clear that certain big banks are just not…
The calls for Procter & Gamble Co. (NYSE: PG) to unlock shareholder value are growing. This is a classic defensive stock with a big dividend, but if you eliminate the great recession…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday ahead of the key jobs and employment data. The well known analyst…
Blackrock, Inc. (NYSE: BLK) is about to get a huge amount of shares dumped onto the stock market. Barclays (NYSE: BCS) is set to unload a stake of about 19.6% or so…
Facebook sets its IPO to raise more than $10 billion. (Reuters) The California State Teachers’ Retirement System (CalSTRS) files suit against Walmart (NYSE: WMT) over bribery allegations in Mexico. (Reuters) Greek elections…
BP (NYSE: BP) wants a trial over the Deepwater Horizon delayed while it tries to get a settlement. (Reuters) The International Monetary Fund receives $320 billion in new funds that could be…
Sony (NYSE: SNE) says it will eliminate 10,000 jobs and retool the company for growth. (Reuters) Exports from Japan improve. (Reuters) The Fed’s Beige Book reports concern about energy costs. (Reuters) The World…
